Featured Brokers
CONFIDENTIAL SALE
FOR SALE
10/04/24
609598
RB03-ABS / Rightbiz
Bike shop retailing a full range of bikes, folding bikes, e-bikes and e-scooters and accessories, together with a comprehensive range of spares.
Asking Price: £50,000. Inclusive of all Stock valued at £34,000.
Annual Turnover: circa £85,000.
Key Selling Points:
Operates from an unopposed retail store in Surrey.
Great brand
Excellent website
Established Bike Shop
5-star customer reviews
Huge scope for expansion.
Full business handover offered.
Established and highly regarded business.
Business Description.
This is a wonderful opportunity to purchase a bike shop, in an excellent unopposed location retailing a range of bikes, folding bikes, e-bikes and e-scooters and accessories, together with a full range of spares, service and repairs.
Our client established the business March 2021 to sell and repair cycles and e-bikes and accessories.
The business is in Camberley, Surrey and offers a niche stock of bikes that puts them at the forefront of other competitors.
The Bike Shop offers a range of bikes, folding bikes, e-bikes and e-scooters and accessories, catering for families, and benefiting from a high volume of new and repeat business whist maintaining an excellent reputation Highly experienced management team in place, capable of independently managing.
The business has component account agreements with major trade suppliers including Oxford, Madison, Pell & Parker, Wind wave, and Upgrade.
The business also accepts purchase vouchers from the major Bike to Ride schemes including Cycle scheme and Bike2Work Scheme
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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